1543 W 22nd Place
Los Angeles, CA 90007
0
Bed
0
Bath
3,168Sqft
4,214Sqft(Lot)
1543 W 22nd Pl presents an opportunity to acquire a 4-unit value-add asset in a strong Central Los Angeles rental pocket near USC and Exposition Park. Offered at $849,000, or approximately $212,250 per unit, the property features attractive in-place income with meaningful upside through repositioning to market rents. Based on the offering figures provided, the asset is currently operating at a 4.78% cap rate and 13.16 GRM, with upside to a 9.41% pro forma cap rate and 8.09 pro forma GRM. The property is well located near USC’s University Park Campus and Exposition Park, one of Los Angeles’ most active cultural and entertainment hubs. Exposition Park is home to BMO Stadium, the California Science Center, the Natural History Museum, and the California African American Museum, creating lon
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer
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Building Information
Year Built: 1913 Building Area Total: 3,168 -
Pool Features
NoneLaundry Features
None
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.0967 -
Lot Size Source: Assessor Lot Size Square Feet: 4214
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Listing Price Information
Original List Price: 849,000 Listing Contract Date: 2026-04-13 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5054023032
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Garage and Parking
Garage Description: NoneHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C34 - Los Angeles Southwest Directions: 10 Fwy to Normandie Ave, south to W 22nd St, right to W 22nd Pl. Source Property Type: Residential Income Area: C34 - Los Angeles Southwest Property SubType: Apartment -
Building and Construction
Property Age: 113 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: Front Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 225 W Adams Boulevard, Los Angeles, CA, 90007 | $1,775,000 | -- | -- | 8,540 | 8,540 SqFt |
| 1938 Bonsallo Avenue, Los Angeles, CA, 90007 | $1,129,000 | -- | -- | 5,964 | 5,964 SqFt |
| 1978 Bonsallo Avenue, Los Angeles, CA, 90007 | $1,599,800 | 7 | -- | 3,456 | 3,456 SqFt |
| 2119 S Union Avenue, Los Angeles, CA, 90007 | $1,525,000 | 15 | -- | 6,671 | 6,671 SqFt |
| 1017 W 24th Street, Los Angeles, CA, 90007 | $1,220,000 | 4 | -- | 3,104 | 3,104 SqFt |
| 1016 W 24th, Los Angeles, CA, 90007 | $1,800,000 | -- | -- | 8,563 | 8,563 SqFt |
| 721 W 30th Street, Los Angeles, CA, 90007 | $7,100,000 | 25 | -- | 12,928 | 12,928 SqFt |
| 716 W 30th Street, Los Angeles, CA, 90007 | $2,608,888 | 15 | -- | 5,615 | 5,615 SqFt |
| 1236 W 24th, Los Angeles, CA, 90007 | $899,000 | 7 | 4 | 1,850 | 1,850 SqFt |
| 2623 Ellendale Place, Los Angeles, CA, 90007 | $8,500,000 | 28 | -- | 17,099 | 17,099 SqFt |
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ByOwner last updated this listing 06/21/2026 @ 19:05
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